Transportation, Supply Chain & Logistics Industry Market Research

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Transportation, Supply Chain & Logistics OVERVIEW

    Transportation is one of the world’s largest industries.
     Its sectors range from taxis to trucks, airplanes, trains, courier services, ships, barges, warehouses and logistics services. In total, during 2015, core transportation revenues in the U.S.
    were an estimated $1,004.5 billion according to Plunkett Research estimates.
     Worldwide, these revenues will be a projected $4.6 trillion.
     This includes air, rail, water, pipeline, courier and warehousing segments. At about 6% of global economic activity (GDP), transportation’s core sectors add up to a remarkably efficient industry, considering the fact that transportation is a vital service to nearly every other sector of the economy.
     In fact, thanks to increasing use of advanced information systems and such strategies as intermodal containers (sending freight via containers that are easily transferred from ship to rail car to truck as needed, without repacking), the transportation industry’s productivity is excellent. Over recent years, globalization placed intense new demands on the transportation and supply chain sector.
     FedEx, for example, provides a wide variety of freight and package delivery services in about 220 nations worldwide.
     Its global fleet includes over 660 aircraft and 100,000 trucks. Transportation continues to evolve, no matter whether the type of transport involved is on the road, on the sea or in the air.
     For example, China had only about 200 kilometers of expressways in 1989.
     Today, it has a massive system of state-of-the-art highways surrounding the nation’s largest cities, in addition to a vast system of new high speed railroads and


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